Westway company pays suzie chan 2550 per week assume social


Westway Company pays Suzie Chan $2,550 per week. Assume Social Security is 6.2% on $110,100 and 1.45% for Medicare.

a. By the end of week 51, how much did Westway deduct for Suzie's Social Security and Medicare for the year?

b. What state and federal unemployment taxes does Westway pay on Suzie's yearly salary? The state unemployment rate is 5.1% and the federal unemployment tax is 0.8% on the first $7,000.

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Accounting Basics: Westway company pays suzie chan 2550 per week assume social
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